Seven and I Holdings Co. (OTCMKTS:SVNDY) Sees Large Growth in Short Interest

Seven and I Holdings Co. (OTCMKTS:SVNDY) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 63,830 shares, an increase of 59.8% from the November 30th total of 39,946 shares. Based on an average trading volume of 356,788 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 356,788 shares, the short-interest ratio is currently 0.2 days.

Seven and I Price Performance

Shares of SVNDY stock opened at $14.42 on Friday. The stock’s 50-day moving average is $13.45 and its 200 day moving average is $13.74. Seven and I has a 1-year low of $12.26 and a 1-year high of $17.00. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.70 and a quick ratio of 0.59. The company has a market cap of $37.56 billion, a P/E ratio of 22.89 and a beta of 0.48.

Seven and I (OTCMKTS:SVNDY) last released its quarterly earnings results on Thursday, October 9th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.15 by $0.07. Seven and I had a net margin of 2.08% and a return on equity of 6.54%. The business had revenue of $18.62 billion during the quarter, compared to analyst estimates of $20.13 billion. Research analysts predict that Seven and I will post 0.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Seven and I to a “hold” rating in a research report on Tuesday, September 9th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Seven and I presently has an average rating of “Hold”.

About Seven and I

Seven & I Holdings Co, Ltd. is a Tokyo-based diversified retail holding company best known for its convenience store operations under the 7-Eleven banner. Established as a holding company in 2005 through the reorganization of legacy retail businesses, Seven & I groups a portfolio of retail and service businesses including convenience stores, supermarkets, department stores, foodservice operations, and financial services.

The company’s core activity is the development and franchising of convenience stores that offer a mix of prepared foods, grocery items, daily necessities and quick-service retail products.